The Latest Breaking News from Cisco

Stock futures slip as inflation concerns resurface; Nvidia jumps as data center gains offset gaming chip weakness; Cisco Systems powers higher on solid Q3 earnings, outlook; Macy's earnings in focus amid mixed retail updates and Elon musk targets CEO replacement, board member says.

Inflation showing signs of slowing has buoyed the tech sector recently. Moreover, due to rapid digital transformation, tech spending is expected to stay elevated. Therefore, Cisco Systems (CSCO), Juniper Networks (JNPR), and Celestica (CLS) could be solid buys for investors looking for tech stocks. Read on….

Arista Networks, which has outperformed rival Cisco Systems as well as the S&P 500 in 2022, is the IBD Stock Of The Day as it becomes actionable.

The Dow rose after remarks by a Fed official about slowing rate hikes. Big box retailers and tech giants are on tap with earnings.

Investors can consider a long straddle to take advantage of a larger-than-expected move (either higher or lower) on Cisco stock.

The U.S. economy expanded in the third quarter, providing some relief amid the widespread recession fears. Moreover, with the latest job report showing an increase in unemployment, there are hopes of a slowing pace of rate hikes. We think this could be the right time to scoop up fundamentally strong…

The Fed raised interest rates by another 75 basis points on Wednesday. Although the rate hikes might not end anytime soon, the pace of the increases could slow. Despite the uncertainties, we believe large-cap household names Coca-Cola (KO), Cisco Systems (CSCO), and Lowe’s (LOW) might still be worth owning in…

With inflation hovering around the multi-decade high level, further aggressive interest rate hikes seem apparent. Given the weak market outlook, investors could cushion their portfolios by investing in fundamentally sound stocks PepsiCo (PEP), Cisco Systems (CSCO), Abbott Laboratories (ABT), Albertsons Companies (ACI), and Hillenbrand (HI), which have a history of…

It may seem hard to believe, but when the McLaren Formula 1 Team brings Lando Norris or Daniel Ricciardo in for a fresh set of tyres during a race, the call has not just been made at the track – it has been supported by a team of 40 engineers…

Imagine if you could sit in your house opposite McLaren Formula 1 Team driver Lando Norris and chat to him as if he was right there with you. Well, with some high tech solutions McLaren and Cisco are working on, that could actually be closer than you think.

Tech stocks have suffered a brutal sell-off due to the aggressive interest rate hikes since the beginning of the year. However, the tech industry is expected to grow significantly in the long run, owing to the continued digital transformation. Therefore, investors interested in investing in tech may look to buy…